BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
BUSINESS STRATEGY: Seek partners to develop technology for removal of toxic metals from water
and to develop drug master files for biotechnology products
PRODUCTS ON MARKET: HiPAC® affinity chromatography columns
Harvard Bioscience Inc.
84 October Hill Road
Holliston MA 01746, US
Phone: (508) 893-8066; Fax: (508) 429-5732
Toll-free phone: (800) 272-2775
Web: www.harvardbioscience.com
E-mail: info@harvardbioscience.com
KEY PERSONNEL: Chane Graziano; CEO
David Green; President
Susan Luscinski; COO
Bryce Chicoyne; CFO
Mark Norige; COO, Harvard Apparatus
David Strack; President, Genomic Solutions and Union Biometrica
David Parr; Managing Director, Biochrom
EMPLOYEES: 269 employees
HISTORY: Founded in March 1996, when it acquired a portion of the assets of Harvard
Apparatus (founded in 1901)
Changed name from Harvard Apparatus Inc. (12/00)
Asys Hitech GmbH acquired select assets of the microplate reader and
washer product lines from Anthos Labtec Instruments GmbH (6/06)
FACILITIES: 43,750 sq. ft. leased facility in Holliston, Mass. (corporate headquarters)
28,000 sq. ft. leased facility in Cambridge, U.K.
22,600 sq. ft. leased facility in San Francisco, Calif.
18,000 sq. ft. leased facility in Warwickshire, U.K.
15,500 sq. ft. owned facility in Edenbridge, U.K.
9,000 sq. ft. leased facility in March-Hugstetten, Germany
7,500 sq. ft. leased facility in Hamden, Conn.
4,700 sq. ft. leased facility in Eugendorf, Austria
Additional leased facilities for sales and administrative support in Geel,
Belgium; Les Ulix, France; and Montreal, Canada
STOCK-FINANCIAL HISTORY: NASDAQ--HBIO
IPO--7.4M shares, $58.9M (12/00)
Revenue $67.431M (YE 05) compared to $64.745M (YE 04)
Net income (YE 05) compared to $2.329M (YE 04)
Earnings per share (YE 05) compared to $0.08/share (YE
04)
Average shares outstanding 30.442M (YE 05) compared to 30.269M (YE
04)
Total assets $92.152M (YE 05) compared to $139.881M (YE 04)
SUBSIDIARIES/DIVISIONS: HBIO Securities Corp.--U.S.
Harvard Apparatus FSC Inc.--U.S. Virgin Islands
Warner Instruments LLC--U.S.
Union Biometrica Inc.--U.S.
Harvard Apparatus Ltd.--U.K.
Harvard Apparatus SARL--France
Biochrom Ltd.--U.K.
Scie-Plas Ltd.--U.K.
Asys Hitech GmbH--Austria
Hugo Sachs Elektronik Harvard Apparatus GmbH--Germany
Union Biometrica GmbH--Germany
Maia Scientific NV--Belgium
Ealing Scientific Ltd. Canada (dba Harvard Apparatus, Canada)
Genomic Solutions Inc.--U.S.
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